CRAIN’S DETROIT BUSINESS- 20 in Their 20’s 2019
Reed Fenton, Co-Founder and Principal of EIG14T, is an Honoree of Crain’s Twenty in Their 20’s | Class of 2019. This prestigious honor is reserved for Detroiters making a difference by opening doors for themselves and for their city. Reed and his partners founded EIG14t with a vision and belief in the value of education, combined with a strong curriculum and holistic lifestyle.
Reed Fenton has developed a $250 million real estate portfolio in just a few short years. Fenton, who started Troy-based 814 CRE LLC (branded as EIG14T) with his childhood friend Jeff Julius in August 2014, says the company’s 1.5 million-square-foot portfolio of new and acquired real estate also has another $50 million under construction and $50 million slated to break ground this year. In all, 30 buildings are slated to come online in 2020 and another 50-plus the following year, he said.
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"Their business is rapidly diversifying both in the tenant category and geographically, now pushing west of the Mississippi all the way to the west coast. The organization he’s built is impressive using any measure, but particularly so for someone his age."